Internal staff at Nvidia cashed out over $1.8 billion in stocks this year, with more shareholding reductions on the way.
Although nvidia CEO Huang Renxun's 6 million shares have been sold, other insiders are still selling, for example, nvidia director Mark Stevens has already sold 1.6 million shares of stocks this year, and disclosed a plan to sell an additional 3 million shares.
J.P. Morgan Maintains NVIDIA(NVDA.US) With Buy Rating, Maintains Target Price $155
News Highlights: Top Company News of the Day - Thursday at 11 PM ET
Cisco (CSCO.US) is reportedly nearing an investment in nvidia's 'core son' CoreWeave, valued at 23 billion dollars.
According to sources, Cisco Systems has agreed to invest in CoreWeave, a cloud computing provider and one of the hottest startups in the field of artificial intelligence.
OpenAI Secures $4B Credit Line To Supercharge AI Ambitions And Expand Nvidia-Powered Infrastructure: 'Provides Flexibility To Seize Future Growth Opportunities'
Express News | After completing a round of major financing, OpenAI has obtained a new $4 billion revolving credit line.
Futu Morning Post | Fund managers are entering the Chinese stock market at a record speed! The 'China Dragon' ETF lands in the US stock market; foreign capital accelerates its positions! Morgan Stanley increases its shareholding in BYD and other companies
The size of the USA money market fund has reached a record $6.46 trillion; Biden's vague stance has sparked an energy storm, causing international oil prices to soar by over 5%; just after raising funds, OpenAI secured a $4 billion credit line, with liquid assets exceeding over $10 billion.
Express News | Nvidia-supported cloud computing service provider CoreWeave is expected to receive an investment from Cisco, with a valuation potentially reaching 23 billion US dollars.
Trading volume TOP20 | Nvidia rose more than 3%, Huang Renxun revealed that Blackwell's demand is 'too crazy'; Tesla fell by more than 3%, announcing the fifth recall of Cybertruck by the end of 2023.
On Thursday, the top performer in the US stock market was nvidia, up 3.37%, with a turnover of 33.918 billion US dollars; the second was tesla, down 3.36%, with a turnover of 19.563 billion US dollars; the third was apple, down 0.49%, with a turnover of 7.655 billion US dollars.
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NVIDIA Options Spot-On: On October 3rd, 3.85 Million Contracts Were Traded, With 25.77 Million Open Interest
On October 3rd ET, $NVIDIA(NVDA.US)$ had active options trading, with a total trading volume of 3.85 million options for the day, of which put options accounted for 35.29% of the total transactions,
US stocks: Middle East tensions cast a shadow, Dow Jones closes down 184 points, nvidia supports Nasdaq against the market trend.
The tension in the Middle East continues, and the market is awaiting the release of the US non-farm payroll data. The three major US stock indices continued their weakness on Thursday, with the Dow falling the most by 348 points to a low of 41,847 points, narrowing its closing decline to 184 points or 0.4%, closing at 42,011 points. The S&P 500 index closed down 9 points or 0.2% at 5,699 points; the Nasdaq stabilized with support from Nvidia (NVDA.US), closing slightly down 6 points for the day at 17,918 points. Nvidia rose against the market by 3.3% for the day, CEO Huang Renxun said the demand for the new Blackwell chip is quite crazy. Apple (AAPL.US) fell.
Express News | The three major U.S. stock indexes collectively fell, with the Dow down 0.44%, the Nasdaq down 0.04%, the S&P 500 index down 0.17%, large technology stocks showing mixed performance, with Nvidia up more than 3%, Tesla down more than 3%. The Nasdaq China G
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Nvidia chips are extremely popular, Huang Renxun revealed that the demand for Blackwell is "too crazy".
①Huang Renxun's latest statement, the external demand for the company's next-generation ai chip Blackwell is "too crazy"; ②Huang Renxun said, nvidia plans to update its AI platform annually to improve performance by two to three times.
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